GZERO: The tumbling British pound. & one wonders about the implications of the Brexiteers decision to sail off into the sunset of imperialism and Empire of days gone by.

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UK Prime Minister Liz Truss’ recent attempt to stimulate the country’s inflation-ridden economy by pushing for massive tax cuts has sent the markets into a tailspin and caused the British pound to plummet in value against the US dollar. But even before this episode – and the government’s subsequent policy U-turn – sterling had been steadily declining amid the Brexit fallout. It also doesn’t help that the US dollar is at its strongest level in years. We take a look at the value of the British pound against the greenback since 2000.

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